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8938. That is the number of the IRS form you have to fill out to report foreign financial assets. If you own foreign assets, you have to fill out IRS Form 8938 even if you’ve lived out of the country for most of your life. However, here’s an important point: You do not have to […]
As I prepare to fly to Belize in the morning to host this week’s Live And Invest In Belize Conference, I’m reminding myself why this
I took my first trip to Europe in 1985. I was 16 years old and had saved up my dollars for
The Panama Papers incident from 2016 brought to light a part of the offshore industry that generally wants to stay in
Global diversification—that is, spreading your assets across multiple countries—is the only way to free yourself from becoming just another cog in the machine.
Preparing for the unknown… That’s the principle behind diversification. You can’t be sure that any stock pick you make will turn out to be the next Apple or Facebook… so you buy stock in different companies. You can’t be sure stocks will always go up (in fact, you can be sure they will not always […]
Cash is king, right? Not really. It’s cash flow you should care about. Cash flow is critical to most aspects of life, including real estate investing. Cash flow was my focus when I bought my first property back in 1995… the three-flat building in Chicago I’ve told you about before. I put together a fancy […]
Offshore Living Letter is a publication of Live and Invest Overseas. Our goal is to provide timely, actionable information on all things offshore, including: how to go offshore, diversifying your portfolio, wealth creation, protecting your assets, and much more.
